Endeavour Silver reported a net loss of $32.9 million for Q1 2025, a significant increase from the $1.2 million loss in Q1 2024, despite stable revenue of $63.5 million. The company's production of silver and gold ounces decreased, but higher realized prices for both metals helped maintain revenue. Operating cash flow before working capital changes decreased by 18%.
Net loss for Q1 2025 was $32.9 million, a substantial increase from the $1.2 million loss in Q1 2024.
Revenue remained stable at $63.5 million, despite a decrease in silver and gold ounces sold, due to higher realized prices.
Silver equivalent ounces produced decreased by 18% to 1,872,833 ounces.
Cash costs per silver ounce increased by 20% to $15.89, and all-in sustaining costs per ounce increased by 14% to $24.48.
The forward-looking statements indicate that the company expects continued operations, no material adverse change in commodity prices, and mining operations to meet production outcomes. However, various risks and uncertainties could cause actual results to differ materially from these expectations.